The Sandbox2026-08-27 11:31:38The Sandbox says SAND bridge compensation claims will open within two weeksThe Sandbox has released an update on the security incident involving its SAND cross-chain bridge, saying the attacker altered the validation mechanism to forge cross-chain deposit messages and mint unbacked SAND. The company said about 14.7423 million SAND was withdrawn, worth roughly $697,000. It added that some uncollateralized SAND was also traded on the market, bringing the total economic impact to about $1.497 million, while the attacker’s actual profit was around $987,000. For affected users, The Sandbox said it will compensate wallets holding legitimate bridged SAND on a 1:1 basis with SAND on Ethereum, using a pre-attack on-chain snapshot. The claims process is expected to open within two weeks and remain available for two weeks. The company also said the incident did not affect the SAND supply on Ethereum or Polygon. Total SAND supply on Ethereum remains unchanged at 3 billion tokens, and no super-admin privileges were compromised. According to the update, the exploit stemmed from a vulnerability created by the combination of a generic call function in the token contract and the bridge permission design. Related addresses have been flagged, and The Sandbox said it is working with exchanges, security firms, and the LayerZero team.1040
The Sandbox2026-08-27 10:08:11The Sandbox to reimburse eligible cross-chain SAND holders 1:1 after Base and BSC exploitThe Sandbox has released a post-incident report on its Aug. 22 exploit, saying an attacker abused a vulnerability in contracts tied to cross-chain configuration on Base and BNB Smart Chain (BSC) and stole 14,742,341.84 SAND from its Ethereum treasury. The project said the amount represented about 0.5% of maximum supply. It estimated the total economic impact at roughly $1.4968 million, with about $987,000 actually retained by the attacker. The company said Ethereum mainnet and Polygon were not affected. It also warned users not to buy or send SAND on Base or BNB Smart Chain until further notice. Contracts deployed on Base and BSC have been permanently disabled and will not be reopened. The Sandbox added that it has reported the attacker wallet addresses to blockchain analytics firms TRM Labs and Chainalysis, and has also contacted relevant exchanges directly. For remediation, the firm said wallets that legally held bridged SAND on Base or BSC before the incident will be compensated on a 1:1 basis with Ethereum-based SAND. The reimbursement will be funded by The Sandbox treasury with no new token issuance. A claims process is set to open within the next two weeks and will remain available for two weeks.1020
Anthropic2026-08-18 08:47:59Anthropic CEO reportedly worries some new hires are joining for pay, not missionAnthropic CEO Dario Amodei is reportedly concerned that some top recruits are joining the company for money rather than mission, according to an Aug. 3 Axios report citing a person familiar with the matter. Axios did not publish a direct quote from Amodei, did not identify any employees, and did not say whether the concern has changed Anthropic’s hiring approach. Anthropic has not publicly responded. The report drew attention partly because it contrasts with Amodei’s comments from August last year, when he said Anthropic had lost relatively few people during Meta’s aggressive recruiting push. At the time, he said the company would not break its leveled pay structure to match outside offers, arguing that doing so would compromise fairness. Public talent data points in a different direction for now. SignalFire said Anthropic has the highest two-year retention rate among frontier AI labs at 80%, ahead of Google DeepMind at 78%, OpenAI at 67%, and Meta at 64%. The firm also led peers on hiring-to-attrition ratio at 2.68. The discussion intensified after users highlighted an Anthropic job listing for a brand marketing events lead with a salary range of $320,000 to $400,000. The figure is far above the U.S. Bureau of Labor Statistics average annual pay of $59,400 for meeting, convention, and event planners in May 2024.1470
Donald Trump2026-08-10 16:41:03Trump says Iran compensation demands will be raised in future talksU.S. President Donald Trump said on social media that Iran has been seeking compensation for losses from the past five months of military conflict, adding that such a demand had not previously been raised in negotiations between the two sides. Trump said he would now seek compensation from Iran as well, covering casualties from multiple conflicts. He specifically referenced those killed in the USS Cole incident and other combat deaths. Trump also said Iran should compensate the families of protesters he said had been repressed over the past 50 years. In the same post, he said 52,000 people had died during the past five months of conflict. Trump added that he had instructed U.S. representatives to formally present the compensation demand in all future negotiations.1850
Bitget2026-08-10 11:58:00Bitget Details USDT Compensation Plan for TUT, LOBSTER and BICO Contract AnomalyBitget has detailed a compensation plan for users hit by abnormal price moves in TUTUSDT, LOBSTERUSDT and BICOUSDT contracts on Aug. 9, between 15:10 and 15:15 (UTC+8). The exchange will use the market’s fair price and account equity snapshot taken at 15:00 to issue USDT compensation to contract users whose short positions were force-liquidated because of the mark price anomaly. The coverage spans unified accounts, classic cross margin and isolated margin modes. Reference compensation prices are 0.21 USDT for TUT, 0.027 USDT for LOBSTER and 0.0897 USDT for BICO. Bitget also said it is strengthening monitoring of abnormal trading and concentrated positions, applying tougher listing and ongoing evaluation standards for high-risk trading pairs, dynamically adjusting leverage and position limits, and refining its mark price and liquidation mechanisms. Xie Jiayin, head of Bitget’s Greater China business, said the mark price issue and severe liquidity imbalance for the three contracts on Aug. 9, 2026 triggered abnormal liquidations of some short positions, causing nearly $40 million in user losses.2670
Bitget2026-08-09 12:16:11Bitget to Release TUT Compensation Plan Within 24 Hours, Chinese Lead SaysXie Jiayin, Bitget's Chinese-language lead, said in a post on X that the exchange has locked down relevant data and launched a highest-level review following a TUT token marking anomaly. He said Bitget will publish a detailed compensation plan within 24 hours. The exact terms of the compensation have yet to be announced. Xie's statement is the latest official response from Bitget, which has not disclosed additional details beyond the promised timeline. The announcement was made earlier today as the exchange moves to address the issue.2370
trade.xyz2026-08-01 01:01:46trade.xyz completes compensation for SK Hynix price dislocation, settles users below $10,000trade.xyz said it has completed compensation related to the SK Hynix price dislocation incident. The platform said all eligible liquidations were assessed using a reference price of $1,115.5. For users whose liquidation amount was below 10,000 USDC, funds have already been sent in full to their wallets and no further action is required. For cases above 10,000 USDC, trade.xyz said it has first deposited 9,999 USDC. Any amount above that threshold will go through a stricter due diligence process. The update outlines how the platform is handling payouts across different liquidation sizes and confirms that smaller eligible claims have already been fully processed.1970
trade.xyz2026-07-29 00:25:21trade.xyz says it will cover liquidation losses tied to SKHYNIX mark price droptrade.xyz said it will compensate users for liquidation losses linked to an unusual move in the SKHYNIX mark price, after the token’s mark price fell from $1,127.9 to $917.25 at 23:01 UTC on July 27. In a post on X, the platform said the price was derived from an executed trade and then relayed by multiple independent data providers. It added that the XYZ oracle was functioning within its external pricing setup and was tracking what it described as a major pre-market venue in South Korea. Even so, the exchange acknowledged user dissatisfaction over liquidations triggered by the move. trade.xyz said eligibility criteria for compensation will be released soon, with distribution expected over the next few days. The company also said the payout is a one-time discretionary decision and should not be treated as a commitment to take the same approach in future incidents. Looking ahead, trade.xyz said it plans to improve its pricing system for tail events and speed up its review of how prices are formed, including a reassessment of assumptions tied to external venues and whether price formation from its own order book should be considered.1950
